The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jitendrakumar Bhanwarlal Salecha
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Jitendrakumar Bhanwarlal Salecha, a non-promoter shareholder of Sanmitra Commercial Limited, has sold his entire holding of 150,000 equity shares (13.6364% of total share capital) via an off-market transaction on 1 September 2025. After this sale, his holding stands reduced to zero. The total share capital of the company is 11,00,000 equity shares of Rs. 10 each, which remains unchanged before and after the transaction. The identity of the acquirer/buyer is not disclosed in this filing.
This is a complete exit by a non-promoter shareholder holding a significant 13.64% stake. Since the sale was off-market, it does not directly hit the stock's trading volumes. Shareholders should watch for the acquirer's identity in subsequent disclosures, as a 13.64% purchase could approach regulatory disclosure thresholds under SEBI takeover rules.